Deposit money banks'' assets to GDP (%) in Grenada
Grenada: Deposit money banks'' assets to GDP (%) was 61.9% in 2021. ▲ Rising
Deposit money banks'' assets to GDP in Grenada, 1977–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Grenada recorded 61.9% for deposit money banks'' assets to gdp in 2021.
The figure is down 4.1% on the previous year and down 35.0% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Grenada peaked at 95.2% in 2011 and was at its lowest, 27.2%, in 1979.
Grenada ranks 91st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Deposit money banks'' assets to GDP (%) in Grenada, year by year
| Year | % | Change |
|---|---|---|
| 1977 | 35.1% | — |
| 1978 | 34.7% | -1.1% |
| 1979 | 27.2% | -21.6% |
| 1980 | 28.8% | +5.8% |
| 1981 | 28.6% | -0.6% |
| 1982 | 33.3% | +16.4% |
| 1983 | 33.0% | -0.9% |
| 1984 | 29.8% | -9.7% |
| 1985 | 32.9% | +10.4% |
| 1986 | 37.9% | +15.0% |
| 1987 | 39.7% | +4.7% |
| 1988 | 41.0% | +3.4% |
| 1989 | 44.8% | +9.2% |
| 1990 | 43.1% | -3.7% |
| 1991 | 42.2% | -2.2% |
| 1992 | 42.9% | +1.7% |
| 1993 | 55.2% | +28.8% |
| 1994 | 52.9% | -4.2% |
| 1995 | 53.0% | +0.2% |
| 1996 | 57.3% | +8.0% |
| 1997 | 64.5% | +12.7% |
| 1998 | 65.7% | +1.8% |
| 1999 | 66.0% | +0.4% |
| 2000 | 71.9% | +9.0% |
| 2001 | 75.3% | +4.6% |
| 2002 | 74.6% | -0.9% |
| 2003 | 69.5% | -6.8% |
| 2004 | 70.7% | +1.8% |
| 2005 | 65.1% | -7.9% |
| 2006 | 73.3% | +12.5% |
| 2007 | 77.2% | +5.3% |
| 2008 | 79.9% | +3.5% |
| 2009 | 90.4% | +13.2% |
| 2010 | 94.3% | +4.2% |
| 2011 | 95.2% | +1.0% |
| 2012 | 91.0% | -4.3% |
| 2013 | 81.1% | -11.0% |
| 2014 | 70.8% | -12.6% |
| 2015 | 61.5% | -13.1% |
| 2016 | 57.6% | -6.3% |
| 2017 | 54.6% | -5.2% |
| 2018 | 54.5% | -0.3% |
| 2019 | 54.1% | -0.7% |
| 2020 | 64.6% | +19.3% |
| 2021 | 61.9% | -4.1% |
Grenada compared with similar countries
- Grenada's 61.9% is above the median for upper middle income countries, which is 60.1%, 1.0× the median. (55 countries reporting)
- Grenada's 61.9% is below the median for Latin America & Caribbean, which is 62.3%, 99% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.4% | 27.2% | 35.1% | 3 |
| 1980s | 35.0% | 28.6% | 44.8% | 10 |
| 1990s | 54.3% | 42.2% | 66.0% | 10 |
| 2000s | 74.8% | 65.1% | 90.4% | 10 |
| 2010s | 71.5% | 54.1% | 95.2% | 10 |
| 2020s | 63.2% | 61.9% | 64.6% | 2 |
Countries ranked near Grenada
More financial sector data for Grenada
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.72 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.02 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.72 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is deposit money banks'' assets to gdp in Grenada?
- Deposit money banks'' assets to gdp in Grenada was 61.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Grenada?
- The highest recorded value was 95.2% in 2011.
- What is the lowest deposit money banks'' assets to gdp recorded in Grenada?
- The lowest recorded value was 27.2% in 1979.
- How does Grenada rank for deposit money banks'' assets to gdp?
- Grenada ranks 91st out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Grenada?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).